But maybe a more important question to ask (from a real estate investing point of view) is this: What's the public perception of the level of risk? 

Perception of values comes into play. 

https://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

But when you do not have to pay out to Uncle Sam that drives your dollars a lot further.You also are perceptive in respect of the list of buyers needed - and that is a priority in making things come together.

Perception is everything.

If the tenant pays rent on time and doesn't interfere with other tenants' right to private enjoyment, I'd leave it alone.Side note: to me, an interesting societal question is about sex predators.

@John Fulton I believe the issue with the opposing views/commentary is that a lot of the information and beliefs are relative to one's own perception or experiences and ultimately their end goal.

It has a lot to do with perceptions.

The rest, as they say, is immaterial and perception, in my opinion.I've also been in the "professional working world" for 12 years, and I can honestly say that your college, to a recruiter, is like "oh, that's a good school" or "oh, i never heard of them" -- once you get the experience nobody gives a damn about your GPA or your school.

It is disappointing that so many BP people are so absolutely naive with regard to real crime, the perception of crime, what is "good", what is "bad", who is "good", who is "bad", what the police can do, what the police will do, what the police should do, and on and on and on....DL